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Havells, Voltas, Symphony: Heatwaves coming! Will IMD warning turn summer stocks hotter?

Havells, Voltas, Symphony: Many white goods companies such as air conditioner maker Voltas Ltd or cooler maker Symphony, fan and cooler maker Havells India and maker of refrigerators Whirlpool of India rely on summer sales.

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Jefferies retains 'Hold' rating on Havells, raises target price to Rs 1,420 per share

Unlike peers, V-Guard and Crompton who outsource 50-60 percent of their production, 90-95 percent of Havells manufacturing is in-house, which entails higher capex ....

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